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Author: Richard A. Lanham
Publisher: University of Chicago Press
ISBN: 0226468828
Category : Business & Economics
Languages : en
Pages : 327
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Book Description
If economics is about the allocation of resources, then what is the most precious resource in our new information economy? Certainly not information, for we are drowning in it. No, what we are short of is the attention to make sense of that information. With all the verve and erudition that have established his earlier books as classics, Richard A. Lanham here traces our epochal move from an economy of things and objects to an economy of attention. According to Lanham, the central commodity in our new age of information is not stuff but style, for style is what competes for our attention amidst the din and deluge of new media. In such a world, intellectual property will become more central to the economy than real property, while the arts and letters will grow to be more crucial than engineering, the physical sciences, and indeed economics as conventionally practiced. For Lanham, the arts and letters are the disciplines that study how human attention is allocated and how cultural capital is created and traded. In an economy of attention, style and substance change places. The new attention economy, therefore, will anoint a new set of moguls in the business world—not the CEOs or fund managers of yesteryear, but new masters of attention with a grounding in the humanities and liberal arts. Lanham’s The Electronic Word was one of the earliest and most influential books on new electronic culture. The Economics of Attention builds on the best insights of that seminal book to map the new frontier that information technologies have created.
Author: Richard A. Lanham
Publisher: University of Chicago Press
ISBN: 0226468828
Category : Business & Economics
Languages : en
Pages : 327
Get Book Here
Book Description
If economics is about the allocation of resources, then what is the most precious resource in our new information economy? Certainly not information, for we are drowning in it. No, what we are short of is the attention to make sense of that information. With all the verve and erudition that have established his earlier books as classics, Richard A. Lanham here traces our epochal move from an economy of things and objects to an economy of attention. According to Lanham, the central commodity in our new age of information is not stuff but style, for style is what competes for our attention amidst the din and deluge of new media. In such a world, intellectual property will become more central to the economy than real property, while the arts and letters will grow to be more crucial than engineering, the physical sciences, and indeed economics as conventionally practiced. For Lanham, the arts and letters are the disciplines that study how human attention is allocated and how cultural capital is created and traded. In an economy of attention, style and substance change places. The new attention economy, therefore, will anoint a new set of moguls in the business world—not the CEOs or fund managers of yesteryear, but new masters of attention with a grounding in the humanities and liberal arts. Lanham’s The Electronic Word was one of the earliest and most influential books on new electronic culture. The Economics of Attention builds on the best insights of that seminal book to map the new frontier that information technologies have created.
Author: Urs Birchler
Publisher: Routledge
ISBN: 1134190581
Category : Business & Economics
Languages : en
Pages : 487
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Book Description
This new text book by Urs Birchler and Monika Butler is an introduction to the study of how information affects economic relations. The authors provide a narrative treatment of the more formal concepts of Information Economics, using easy to understand and lively illustrations from film and literature and nutshell examples. The book first covers the economics of information in a 'man versus nature' context, explaining basic concepts like rational updating or the value of information. Then in a 'man versus man' setting, Birchler and Butler describe strategic issues in the use of information: the make-buy-or-copy decision, the working and failure of markets and the important role of outguessing each other in a macroeconomic context. It closes with a 'man versus himself' perspective, focusing on information management within the individual. This book also comes with a supporting website (www.alicebob.info), maintained by the authors.
Author: Bruce R. Kingma
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 226
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Book Description
Focuses on the economics of information goods and services, which are sufficiently different from other types of goods and services that a complete understanding of their differences is important to information managers and policymakers.
Author: Hal R. Varian
Publisher: Cambridge University Press
ISBN: 1139456725
Category : Business & Economics
Languages : en
Pages : 114
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Book Description
The Economics of Information Technology is a concise and accessible review of some of the important economic factors affecting information technology industries. These industries are characterized by high fixed costs and low marginal costs of production, large switching costs for users, and strong network effects. These factors combine to produce some unique behavior. The book consists of two parts. In the first part, Professor Varian outlines the basic economics of these industries. In the second part, Professors Farrell and Shapiro describe the impact of these factors on competition policy. The clarity of the analysis and exposition makes this an ideal introduction for undergraduate and graduate students in economics, business strategy, law and related areas.
Author: Ajay Agrawal
Publisher: University of Chicago Press
ISBN: 0226833127
Category : Business & Economics
Languages : en
Pages : 172
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Book Description
A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.
Author: L. Jean Camp
Publisher: Springer Science & Business Media
ISBN: 1402080905
Category : Computers
Languages : en
Pages : 300
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Book Description
Designed for managers struggling to understand the risks in organizations dependent on secure networks, this book applies economics not to generate breakthroughs in theoretical economics, but rather breakthroughs in understanding the problems of security.
Author: Przemysław Deszczyński
Publisher: Wydawnictwo Poznańskiego Towarzystwa Przyjaciół Nauk
ISBN: 8376544896
Category : Business & Economics
Languages : en
Pages : 152
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Book Description
The economics of information. Theory and practice is an English-language version of the monograph Ekonomia informacji written in September 2019 and published at the beginning of 2020. The idea of translating it into English was born after posting the texts on Research-Gate. Then requests to make it available in English appeared. Rapid changes that have taken place in the world economy over the past year caused some authors to consider it necessary to include them in their texts. Therefore, the update of the texts have been provided, mainly in the context of consequences of the pandemic, but also concerning the entry of Brexit into the next phase. Attention was paid not only to the theoretical but most of all to the practical dimension of information economics. Moreover, the comments that appeared in reviews published in scientific journals, including those concerning the structure of work, have been taken into account. The monograph consists of eight chapters. Each of them was written by a different author. In the first chapter, the conceptualization of the term ‘economics of information’ was presented. It covers the genesis of information economics, an original definition and methodological foundations. It is a starting point and supporting structure of the entire book. The authors of the remaining chapters refer to and comply with the adopted convention of analysis presented by the research editor. The second chapter is devoted to the economics of information in internal communication in the era of social media. It constitutes a sort of bridge between information economics and public relations narrowed down to internal communication. Jacek Trębecki refers to the relationship between behavioral economics and classical economics. He emphasizes that the consequence of information asymmetry may be its influence on distortion of decisions. Chapter three by Waldemar Rydzak – Changes in Access to Information in Crisis Situations – as intended by the author, is to be a starting point for a discussion about the role of information in the contemporary market, which is more and more frequently discussed in the context of the fourth digital wave of development, with significant influence of mass media and the Internet, also in the context of the COVID-related situation. In the fourth chapter, Filip Kaczmarek used the assumptions of counterfactual analysis in his considerations, and on the basis of its results he showed that the so-called opportunity costs, or ‘cost of non-Europe’, are used as an instrument of legitimizing the European Union. In chapter five by Aleksandra Rabczun, Brexit and the Economics of Information, the Brexit case was analyzed in the context of the role played by information economics in this process. Chapter six, written by Izabela Janicka, is an example of using the concept of economics of information to analyze one country, in this case Germany. It was also assumed that both macro and micro aspects are taken into account. The author points to the overriding role of information in the post-industrial economy and to the fact that information has become one of the basic production factors. She also introduces the concept of a functional information minimum and an information gap. In the seventh chapter Marcin Leszczyński defines the role of the state’s reputation in reducing information asymmetry in the global market. The chapter ends with the analysis of policy and diplomacy in shaping trust in a government and the demand for products from a given country on the example of the trade war between the US and China. In the eighth chapter, Information, Welfare and Migrations – Practical Remarks in the Context of the Economics of Information, Katarzyna Świerczyńska fitted into the scope of research on the impact of information on economy and economic decisions of entities at the mega-economic level.
Author: Tyler Moore
Publisher: Springer Science & Business Media
ISBN: 1441969675
Category : Computers
Languages : en
Pages : 328
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Book Description
The Workshop on the Economics of Information Security (WEIS) is the leading forum for interdisciplinary research and scholarship on information security and privacy, combining ideas, techniques, and expertise from the fields of economics, social science, business, law, policy, and computer science. In 2009, WEIS was held in London, at UCL, a constituent college of the University of London. Economics of Information Security and Privacy includes chapters presented at WEIS 2009, having been carefully reviewed by a program committee composed of leading researchers. Topics covered include identity theft, modeling uncertainty's effects, future directions in the economics of information security, economics of privacy, options, misaligned incentives in systems, cyber-insurance, and modeling security dynamics. Economics of Information Security and Privacy is designed for managers, policy makers, and researchers working in the related fields of economics of information security. Advanced-level students focusing on computer science, business management and economics will find this book valuable as a reference.
Author: Donald E. Campbell
Publisher: Cambridge University Press
ISBN: 1107035244
Category : Business & Economics
Languages : en
Pages : 699
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Book Description
This book examines incentives at work to see how and how well coordination is achieved by motivating individual decision makers.
Author: Chunlei Tang
Publisher: John Wiley & Sons
ISBN: 111913840X
Category : Mathematics
Languages : en
Pages : 217
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Book Description
Provides an introduction of the data industry to the field of economics This book bridges the gap between economics and data science to help data scientists understand the economics of big data, and enable economists to analyze the data industry. It begins by explaining data resources and introduces the data asset. This book defines a data industry chain, enumerates data enterprises’ business models versus operating models, and proposes a mode of industrial development for the data industry. The author describes five types of enterprise agglomerations, and multiple industrial cluster effects. A discussion on the establishment and development of data industry related laws and regulations is provided. In addition, this book discusses several scenarios on how to convert data driving forces into productivity that can then serve society. This book is designed to serve as a reference and training guide for ata scientists, data-oriented managers and executives, entrepreneurs, scholars, and government employees. Defines and develops the concept of a “Data Industry,” and explains the economics of data to data scientists and statisticians Includes numerous case studies and examples from a variety of industries and disciplines Serves as a useful guide for practitioners and entrepreneurs in the business of data technology The Data Industry: The Business and Economics of Information and Big Data is a resource for practitioners in the data science industry, government, and students in economics, business, and statistics. CHUNLEI TANG, Ph.D., is a research fellow at Harvard University. She is the co-founder of Fudan’s Institute for Data Industry and proposed the concept of the “data industry”. She received a Ph.D. in Computer and Software Theory in 2012 and a Master of Software Engineering in 2006 from Fudan University, Shanghai, China.
